Word: shenefield
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Dates: during 1970-1979
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...will grow fast, and yet each firm will have a smaller share of the nation's markets than at present. Meanwhile, the new activism in antitrust would concentrate more and more power in the Justice Department's and FTC's enforcement bureaus. Assistant Attorney General John Shenefield, the antitrust chief, told the group that the public has concluded, though reluctantly, that Big Government is a necessary counterweight to Big Business. If businesses continue to concentrate and grow larger, warned Ohio Democratic Congressman John F. Seiberling, the public will increasingly demand that they be nationalized. His point...
Assistant Attorney General John Shenefield has repeatedly told Congress that his antitrust division is trying to speed the case. But it is difficult to see how. This winter, Barr recounted, the Government subpoenaed IBM Chairman Frank Cary to produce virtually every document relating to computers accumulated by the company since 1973. That amounts to 5 billion pieces of paper, said Barr, who claims that to comply would take 100 lawyers 620 years working full time. Staal, however, called Barr's figures "grossly exaggerated" and contended that the parties could easily work out a compromise, but that IBM refuses...